By Joyce Koh
Funded by investors including casino operator Genting, TauRx Pharmaceuticals is embarking on its latest trial to find a cure for Alzheimer’s.
Tribe Theory says it aims to fulfil the need for connectivity and affordable accommodation for entrepreneurs by creating a new category in hospitality.
Microsoft will purchase 100% of the electricity generated from Sunseap’s 60 MW-peak solar power project for 20 years for its Singapore data operations.
The last major global deal the SGX engaged in was the acquisition of the Baltic Exchange in 2016
Singapore, which is aiming to be a hub for fintech and so-called initial coin offerings in Asia, does not currently regulate virtual currencies.
Zalora Group CEO Parker Gundersen has resigned, citing personal reasons. He is set to leave the fashion e-commerce firm at the end of May.
Singapore’s sovereign fund GIC has partnered CCLA Group to develop and operate purpose-built, for-rent multi-family buildings across Mexico’s largest cities.
Perfect Day said the fundraising was the largest Series A in the history of the sustainable food technology industry.
The firm, which counts China’s Tencent as its biggest shareholder, said revenue for the December quarter rose 41% on a year earlier to $124.6 million, as it launched new games and offered older ones in new markets.
Singapore-based PE firm Luminor Capital, a majority shareholder in Ayondo, is seeking to conduct a public float at a potential valuation of $105.6 million.